MoneyTalksNews asked:
If you carry a balance on one or more credit cards, you’re not alone: according to the Federal Reserve, nearly half of American families do. And nearly half of American families also have some sort of bank savings accounts. If you have savings, should you use that money to pay off your credit cards?
Charles
Sara
Hard concept for some to follow
Wayne
Sorry folks, you have been had, peed on, scammed and lied to.
WallStreet bailouts were rigged and a fraud, market manipulation
high freqency trading, flash orders, naked short selling by:
Goldman, JPM, Cit, MorgStanley, AIG, scum and frauds.
The Fed, Comex, Govt Data: frauds. Your labor devalued to Zero,
Pull your money out, walk away from your CC card debt.
FICO scores are a fraud and to enslave you. Load up on silver bullion
(in your hands), buy local mom and pop. Starve The Beast!
Colleen
either way ur failed. if u wanna win, balance both
Diana
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Clyde
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Juanita
Congress is bought and paid for by the banking lobby. They have just given BILLIONS of taxpayer dollars away to these big banks under the pretense that they should be kept solvent so they can LEND YOU MONEY. What sense does it make to GIVE them taxpayer money so that they can turn right around and LEND it back to you at INTEREST? Think about it.
TAKE BACK YOUR MONEY AMERICA
watch?v=SG0gcw6cqto
.
Marlene
Fix your your own credit, CreditEZ net
Lisa
watch the movie or read the book
” MAXED OUT ”
and then see if you still want to carry any credit cards ever again !
Josephine
SMARTWALLETdotORG
Tommy
oh yea the card itself isn’t bad.
It’s the people who give you the card that are the satans.
Yes Yes I do need soda and a lan cable.
Edith
Do you need soda? No. Do you need cable? No. Do you need the internet? Maybe? Figure out what you don’t need and you’d be surprised at how much money you save.
Peggy
The credit card is not bad. Remember that people get messed up when they don’t pay the bill in full. Many card issuers have cash rewards, discounts, etc. I would be a fool not to use a rebate thrown at me. Remember IF YOU DON’T HAVE THE MONEY DON’T SPEND IT.
Steve
Way to go ganymedelV4, We run on cash and have plenty coming in. Don’t miss the plastic at all!
Paula
heeeyyy I’m a Rare American. Plastic free here.
And yes people are dumb enough to not pay off there CC bills at the end of the month. last time I checked, IQ isn’t asked on a CC application. I suppose it should be.
Beverly
nevous8, that may be true, but those households don’t have $10,000 in cash laying around. This video is basically saying if you have a crapload of cash, pay off credit cards, pretty obvious.
Raul
wow!! as if we dont know this
Rose
After I find a job, I will watch this video again. Thanks.
Robert
average american household has 4.5 credit cards or something.
Vincent
are people really that retarded that they would have money laying around with a 15% credit debt?
Michele
lol his name is stacy hahaha
Wanda
awsome stuff must say…
Tamara
true
Holly
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Ida
Dohhhh…. that is so logical !